Facts about Warren Buffett

Summary

Warren Buffett (born as Warren Edward Buffett in Omaha, Nebraska, U.S.), he is also known as Oracle of Omaha, is a famous Businessman from USA, he is 88 years old and still alive, born August 30, 1930.

Biography

Warren Edward Buffett is an American investor and businessman. With the nickname "Oracle of Omaha" Buffett has accumulated a vast fortune from astute investments, largely through the company Berkshire Hathaway, where he owns a controlling interest. With a fortune estimated in 2010 at 47 billion U.S. dollars (279 billion), he is ranked by the financial magazine "Forbes" as the world's third richest person.

Despite his wealth, Buffett famous for his simple living. He still lives in the same suburban house in Omaha, Nebraska that he bought in 1957 for 31,500 dollars. Buffett's fee as chairman, "Berkshire Hathaway" of 100 000 dollars a year (about 650 000) are extremely modest by American standards.

In June 2006, Buffett announced in an interview with Fortune magazine that he intends to give away most of his fortune to the Bill & Melinda Gates Foundation, a charitable foundation controlled by Bill Gates and his wife Melinda Gates. The Foundation will over the next year to receive a donation in the order of 40 billion dollars.

Zodiac etc.

He is born under the zodiac virgo, who is known for Analyzing, Practical, Reflective, Observation, Thoughtful.
Our collection contains 51 quotes who is written / told by Warren.

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Famous quotes by Warren Buffett (51)

"You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing"

"In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497"

"If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it"

"I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it"

"I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here"

"Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation"